2023 Form 5500 filing — Texas Dow Employees Credit Union 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240924141236NAL0023065952001) for Texas Dow Employees Credit Union 401(K) Plan, reported by Texas Dow Employees Credit Union under EIN 74-1260543 and plan number 002. It reports 1,172 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240924141236NAL0023065952001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Texas Dow Employees Credit Union
- EIN
- 74-1260543
- Plan number
- 002
- Location
- Lake Jackson, TX
- Participants
- 1,172
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $70,219,376
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $70,219,376
- Employer contributions
- $3,954,327
- Participant contributions
- $5,589,326
- Total income / additions
- $20,816,798
- Benefits paid
- $12,491,541
- Administrative expenses
- $116,990
- Total expenses
- $12,616,346
- Net increase / (decrease)
- $8,200,452
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $116,990 | $0 |